전력 품질 장비 시장 규모, 점유율, 동향 분석 보고서 : 장비별, 상별, 최종 용도별, 지역별, 부문별 예측(2024-2030년)

Power Quality Equipment Market Trends

The global power quality equipment market size was estimated at USD 31.82 billion in 2023 and is expected to grow at a CAGR of 6.3% from 2024 to 2030. The market growth is driven by the increasing demand for reliable and uninterrupted power supply across various industries. The rising incidence of power outages and voltage fluctuations, particularly in developing regions, underscores the need for effective power quality solutions. Additionally, the growing adoption of sensitive electronic devices and equipment, which require high power quality standards to function optimally, is propelling market growth.

The power quality equipment market is witnessing significant advancements in technology, which are enhancing the efficiency and functionality of these systems. One notable trend is the integration of Internet of Things (IoT) technology, which enables real-time monitoring and control of power quality. This allows for proactive maintenance and quick response to power disturbances, thereby minimizing downtime and operational costs. IoT-enabled power quality equipment can also provide valuable data analytics, helping organizations optimize their energy usage and improve overall power management.

Another key technological trend is the development of smart grids, which are designed to enhance the reliability and efficiency of electricity distribution. Smart grids incorporate advanced power quality equipment that can dynamically respond to changes in power demand and supply. These systems can identify and isolate faults, reroute power, and balance loads to ensure a stable and high-quality power supply. The integration of renewable energy sources into smart grids also necessitates advanced power quality solutions to manage the variable nature of these energy sources and ensure consistent power delivery.

The market presents numerous opportunities for growth, particularly in emerging economies where industrialization and urbanization are rapidly increasing. The expansion of data centers, telecommunications infrastructure, and renewable energy projects in these regions is driving the demand for reliable power quality solutions. Additionally, advancements in technology and increasing awareness about the importance of power quality are creating new avenues for market expansion. Companies that can offer innovative and cost-effective solutions tailored to the specific needs of these growing markets are well-positioned to capitalize on these opportunities.

However, the high initial investment costs and maintenance expenses can deter small and medium-sized enterprises from adopting these solutions thereby, posing as challenges for market growth. Additionally, the complexity of integrating advanced power quality equipment with existing infrastructure can pose technical challenges. There is also a need for skilled personnel to manage and maintain these systems, which can be a constraint in regions with limited technical expertise. Moreover, the rapid pace of technological advancements means that companies must continuously innovate to stay competitive, which can be a significant challenge in terms of research and development costs.

Global Power Quality Equipment Market Report Segmentation

The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the power quality equipment market report based on equipment, phase, end use, and region:

• Equipment Outlook (Revenue, USD Million, 2018 - 2030)
• Power Quality Meters
• Surge Protection Devices
• Harmonic Filters
• Voltage Regulators
• Uninterruptable Power Supply (UPS)
• Others
• Phase Outlook (Revenue, USD Million, 2018 - 2030)
• Single Phase
• Three Phase
• End Use Outlook (Revenue, USD Million, 2018 - 2030)
• Residential
• Commercial
• Industrial & Manufacturing
• Utilities
• Transportation
• Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America

U.S.

Canada

Mexico

• Europe

Germany

UK

France

• Asia Pacific

China

India

Japan

South Korea

Australia

• Latin America

Brazil

• Middle East & Africa (MEA)

UAE

Kingdom of Saudi Arabia (KSA)

South Africa

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
• 1.2. Market Definitions
• 1.3. Research Methodology
  • 1.3.1. Information Procurement
  • 1.3.2. Information or Data Analysis
  • 1.3.3. Market Formulation & Data Visualization
  • 1.3.4. Data Validation & Publishing
• 1.4. Research Scope and Assumptions
  • 1.4.1. List of Data Sources

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segmental Outlook
• 2.3. Competitive Landscape Snapshot

Chapter 3. Market Variables, Trends, and Scope

• 3.1. Market Introduction/Lineage Outlook
• 3.2. Industry Value Chain Analysis
• 3.3. Market Dynamics
  • 3.3.1. Market Driver Impact Analysis
  • 3.3.2. Market Challenge Impact Analysis
  • 3.3.3. Market Opportunity Impact Analysis
• 3.4. Power Quality Equipment Market Analysis Tools
  • 3.4.1. Porter's Analysis
    • 3.4.1.1. Bargaining power of the suppliers
    • 3.4.1.2. Bargaining power of the buyers
    • 3.4.1.3. Threats of substitution
    • 3.4.1.4. Threats from new entrants
    • 3.4.1.5. Competitive rivalry
  • 3.4.2. PESTEL Analysis
    • 3.4.2.1. Political landscape
    • 3.4.2.2. Economic and Social landscape
    • 3.4.2.3. Technological landscape
    • 3.4.2.4. Environmental landscape
    • 3.4.2.5. Legal landscape

Chapter 4. Power Quality Equipment Market: Equipment Estimates & Trend Analysis

• 4.1. Segment Dashboard
• 4.2. Power Quality Equipment Market: Equipment Movement Analysis, 2023 & 2030 (USD Million)
• 4.3. Power Quality Meters
  • 4.3.1. Power Quality Meters Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
• 4.4. Surge Protection Devices
  • 4.4.1. Surge Protection Devices Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
• 4.5. Harmonic Filters
  • 4.5.1. Harmonic Filters Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
• 4.6. Voltage Regulators
  • 4.6.1. Voltage Regulators Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
• 4.7. Uninterruptable Power Supply (UPS)
  • 4.7.1. Uninterruptable Power Supply (UPS) Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
• 4.8. Others
  • 4.8.1. Others Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Power Quality Equipment Market: Phase Estimates & Trend Analysis

• 5.1. Segment Dashboard
• 5.2. Power Quality Equipment Market: Phase Movement Analysis, 2023 & 2030 (USD Million)
• 5.3. Single Phase
  • 5.3.1. Single Phase Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
• 5.4. Three Phase
  • 5.4.1. Three Phase Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Power Quality Equipment Market: End Use Estimates & Trend Analysis

• 6.1. Segment Dashboard
• 6.2. Power Quality Equipment Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
• 6.3. Residential
  • 6.3.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
• 6.4. Commercial
  • 6.4.1. Commercial Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
• 6.5. Industrial & Manufacturing
  • 6.5.1. Industrial & Manufacturing Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
• 6.6. Utilities
  • 6.6.1. Utilities Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
• 6.7. Transportation
  • 6.7.1. Transportation Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Power Quality Equipment Market: Regional Estimates & Trend Analysis

• 7.1. Power Quality Equipment Market Share, By Region, 2023 & 2030 (USD Million)
• 7.2. North America
  • 7.2.1. North America Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.2.2. U.S.
    • 7.2.2.1. U.S. Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.2.3. Canada
    • 7.2.3.1. Canada Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.2.4. Mexico
    • 7.2.4.1. Mexico Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
• 7.3. Europe
  • 7.3.1. Europe Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.3.2. UK
    • 7.3.2.1. UK Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.3.3. Germany
    • 7.3.3.1. Germany Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.3.4. France
    • 7.3.4.1. France Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
• 7.4. Asia Pacific
  • 7.4.1. Asia Pacific Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.4.2. China
    • 7.4.2.1. China Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.4.3. India
    • 7.4.3.1. India Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.4.4. Japan
    • 7.4.4.1. Japan Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.4.5. South Korea
    • 7.4.5.1. South Korea Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.4.6. Australia
    • 7.4.6.1. Australia Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
• 7.5. Latin America
  • 7.5.1. Latin America Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.5.2. Brazil
    • 7.5.2.1. Brazil Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
• 7.6. Middle East & Africa
  • 7.6.1. Middle East & Africa Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.6.2. The Kingdom of Saudi Arabia (KSA)
    • 7.6.2.1. The Kingdom of Saudi Arabia (KSA) Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.6.3. UAE
    • 7.6.3.1. UAE Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
  • 7.6.4. South Arica
    • 7.6.4.1. South Africa Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)

Chapter 8. Competitive Landscape

• 8.1. Company Categorization
• 8.2. Participant's Overview
  • 8.2.1. Eaton Corporation
    • 8.2.1.1. Participant's Overview
    • 8.2.1.2. Financial Performance
    • 8.2.1.3. Product Benchmarking
    • 8.2.1.4. Recent Developments
  • 8.2.2. ABB Ltd.
    • 8.2.2.1. Participant's Overview
    • 8.2.2.2. Financial Performance
    • 8.2.2.3. Product Benchmarking
    • 8.2.2.4. Recent Developments
  • 8.2.3. Siemens
    • 8.2.3.1. Participant's Overview
    • 8.2.3.2. Financial Performance
    • 8.2.3.3. Product Benchmarking
    • 8.2.3.4. Recent Developments
  • 8.2.4. General Electric Company
    • 8.2.4.1. Participant's Overview
    • 8.2.4.2. Financial Performance
    • 8.2.4.3. Product Benchmarking
    • 8.2.4.4. Recent Developments
  • 8.2.5. Honeywell International, Inc.
    • 8.2.5.1. Participant's Overview
    • 8.2.5.2. Financial Performance
    • 8.2.5.3. Product Benchmarking
    • 8.2.5.4. Recent Developments
  • 8.2.6. Leviton Manufacturing Co., Inc.
    • 8.2.6.1. Participant's Overview
    • 8.2.6.2. Financial Performance
    • 8.2.6.3. Product Benchmarking
    • 8.2.6.4. Recent Developments
  • 8.2.7. Emerson Electric Co.
    • 8.2.7.1. Participant's Overview
    • 8.2.7.2. Financial Performance
    • 8.2.7.3. Product Benchmarking
    • 8.2.7.4. Recent Developments
  • 8.2.8. Schneider Electric S.E.
    • 8.2.8.1. Participant's Overview
    • 8.2.8.2. Financial Performance
    • 8.2.8.3. Product Benchmarking
    • 8.2.8.4. Recent Developments
  • 8.2.9. Legrand
    • 8.2.9.1. Participant's Overview
    • 8.2.9.2. Financial Performance
    • 8.2.9.3. Product Benchmarking
    • 8.2.9.4. Recent Developments
  • 8.2.10. Piller Power Systems
    • 8.2.10.1. Participant's Overview
    • 8.2.10.2. Financial Performance
    • 8.2.10.3. Product Benchmarking
    • 8.2.10.4. Recent Developments
• 8.3. Company Market Positioning
• 8.4. Company Market Share Analysis, 2023
• 8.5. Company Heat Map Analysis
• 8.6. Strategy Mapping
  • 8.6.1. Expansion
  • 8.6.2. Collaborations
  • 8.6.3. Mergers & Acquisitions
  • 8.6.4. New Product Launches
  • 8.6.5. Partnerships
  • 8.6.6. Others